The Constrained Sectors: III. Financial Institutions:—Financial Flows

Graeme S. Dorrance

Chapter 7 in National Monetary and Financial Analysis, 1978, pp 92-111 from Palgrave Macmillan

Abstract: Abstract The reconciliation of asset-holding and liability-accepting desires 1 would be relatively simple if they were consistent. That is, if the patterns of assets that economic units wished to hold were the same as the patterns of liabilities that debtors wished to assume, relatively simple markets could serve as channels for the distribution of liabilities to asset holders.

Keywords: Interest Rate; Transaction Cost; Central Bank; Financial System; Financial Institution (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15858-4_8

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DOI: 10.1007/978-1-349-15858-4_8

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